542 5th Ave
Kankakee, IL 60901
3 bd 2 ba 1,532 sqft Built 1885 Lot 7,250 sqft single_family
Most recent sale
$36,500
Aug 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 24, 2023 | Sold | $180,000 | MRED |
| Apr 10, 2023 | Listed | $175,500 | MRED |
| Aug 11, 2022 | Sold | $36,500 | MLS #11333595 |
| May 23, 2022 | Price changed | $44,500 | MLS #11333595 |
| May 1, 2022 | Price changed | $47,500 | MLS #11333595 |
| Feb 26, 2022 | Listed | $50,000 | MLS #11333595 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $17,504 | $4,230 | $21,734 | $1,269 |
| 2022 | $13,649 | $3,298 | $16,947 | $2,302 |
| 2021 | $12,352 | $2,985 | $15,337 | $123 |
| 2020 | $11,103 | $2,683 | $13,786 | $127 |
| 2019 | $10,328 | $2,496 | $12,824 | $130 |
| 2018 | $9,563 | $2,311 | $11,874 | $915 |
| 2017 | $9,353 | $2,260 | $11,613 | $1,001 |
| 2016 | $9,170 | $2,216 | $11,386 | $918 |
| 2015 | $9,357 | $2,261 | $11,618 | $907 |
| 2014 | $9,357 | $2,261 | $11,618 | $874 |
| 2013 | $11,882 | $2,355 | $14,237 | $1,228 |
| 2012 | $12,568 | $2,491 | $15,059 | $1,248 |
| 2010 | $19,024 | $2,516 | $21,540 | $1,801 |
| 2009 | $19,024 | $2,516 | $21,540 | $1,775 |
| 2008 | $19,024 | $2,516 | $21,540 | $1,701 |
| 2007 | $18,067 | $2,516 | $20,583 | $1,607 |
| 2005 | $16,304 | $2,516 | $18,820 | $1,453 |
Property facts
Year built
1885
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,532 sqft
Lot size
7,250 sqft
ZIP code
60901
City
Kankakee
Street
5th Ave
Coordinates
41.11542, -87.87245
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$219
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 542 5th Ave last sell?
542 5th Ave most recently sold on Aug 11, 2022 for $36,500.
What is the current tax assessment for 542 5th Ave?
The most recent total assessment for 542 5th Ave (year 2024) is $21,734 with $1,269 in property tax.
How does 542 5th Ave's assessment compare to its last sale price?
The current assessment is 40.5% below the last sale price of $36,500.
When was 542 5th Ave built?
542 5th Ave was built in 1885.
How does 542 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 542 5th Ave?
542 5th Ave is a 3 bed, 2 bath, 1,532 sqft, 7,250 sqft lot single_family.
Is 542 5th Ave a flip candidate?
Yes — 542 5th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 542 5th Ave a tax-appeal candidate?
No — 542 5th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$139.8K
2026 Q4
$139.6K
ZIP 60901 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 5th Ave